Canadian factory activity slips back into contraction in May
By Fergal Smith TORONTO (Reuters) – Canadian manufacturing activity slowed in May as high inflation and inventory cutting held back…
June 1, 2023
Ukraine wants ‘clear’ decision on NATO future at July summit – Zelenskiy
(Reuters) – Ukrainian President Volodymyr Zelenskiy said on Thursday Kyiv wanted to receive a “clear” decision on its future in…
Exclusive-JPMorgan to close 21 First Republic Bank branches
By Nupur Anand NEW YORK (Reuters) – JPMorgan Chase & Co will shut 21 branches of First Republic Bank by…
Pakistan posts record inflation for second consecutive month
ISLAMABAD (Reuters) – Pakistan’s annual inflation rate rose to 37.97% in May, the statistics bureau said on Thursday, setting a…
Credit Suisse has paid back government-backed liquidity- Swiss finance minister
By Noele Illien and Stefania Spezzati ZURICH (Reuters) -Credit Suisse has repaid the liquidity backed by the Swiss government, Finance…
S.Africa mulls options on ICC arrest warrant for potential visitor Putin
By Carien du Plessis JOHANNESBURG (Reuters) -South Africa is mulling legal options if Russian President Vladimir Putin, the subject of…
ECB’s Villeroy: upcoming rate hikes will be marginal
PARIS (Reuters) – Upcoming interest rate hikes will be marginal, said European Central Bank (ECB) member and Bank of France…
U.S. Weekly Jobless Claims Rise Modestly; Layoffs Increase In May
WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits increased modestly last week, suggesting the labor…
Canada’s slowing home building is bad news for buyers and Trudeau
By Fergal Smith and Steve Scherer TORONTO (Reuters) – Canada’s residential construction activity has slowed in recent months due to…
OPEC+ unlikely to deepen oil supply cuts at June 4 meeting, sources say
By Ahmad Ghaddar and Maha El Dahan LONDON/DUBAI (Reuters) -OPEC and its allies are unlikely to deepen supply cuts at…